Update: According to
fresh rumours, we could be seeing a GTA 5 release date announcement at the
Gamescom trade fair, which is held annually in Cologne, Germany.

The rumour mill went wild after a Gamescom 2012 promotional video, which was
released online earlier this month, showed a brief clip of the game.

The game's publisher, Take-Two, is also included on the list of exhibitors, so
the chances of a big announcement being made is extremely likely, although
never gaurenteed.

Previously, developer Rockstar offered
a tantalising insight into Grand Theft Auto 5 with
a spokesperson for the company telling eager gamers more is to come "in a
few months time."

That was a few months ago.

"Right now, we are very hard at work on the game and are
excited as well to show and tell you more as development progresses," an
unnamed representative for the company said.

"Expect that we'll be talking much more about GTAV starting at some point
in a few months' time."

What we do know for certain is that GTA 5 will be arriving on
the PS3 after Sony’s PlayStation 3 site
put up an official GTA V web page.

Elsewhere the map for GTA V has been 'leaked' via a person
claiming to be an employee of Rockstar who was leaving in two weeks, the map
shows Los Santos along with desirable Vinewood area known for being a fictional
interpretation of Hollywood.

GTA
5: Screenshots

Update:Earlier this month, Rockstar treated GTA fans
to an early glimpse of its upcoming title with the release of two new
screenshots.

The pics show a man sitting alone on a pier, admiring the beautiful scenery
around him, while another is of a helicopter hovering above the city (San
Andreas).

Games blogs went crazy over the snaps, with many fanboys taking
to online forums to discuss the much-mooted title. Pics below. Enjoy.

Grand
Theft Auto 5 release date

As yet there has been no official confirmation on a Grand Theft
Auto 5 release date however analysts believe that Rockstar is following a 6
month schedule which will see anE3 2012launch.

IndustryGamers spoke to
financial analysts who believe this schedule will result in a release before
the end of 2012.

"We
believe Rockstar Games is modeling a 4 to 6 month marketing window for
their upcomingGTA Vrelease, suggesting a
Summer '12 launch period,"

If Zavvi is to be believed then
the GTA 5 release date will be much later with the site stating an exact
release date of 23 November which would put it in line to be Christmas no.1.

With the gaming world looking
toward Rockstar for a confirmed GTA V UK release date, a developer on the title
has suggested the game's release has been pushed back from a previously tipped
October arrival to a new December launch.

Grand
Theft Auto 5 trailer

Being the only official source of information theGrand Theft Auto 5 trailerwas useful in establishing a number of
facts including the location and the characters that would be featuring in the
game.

Based on Los Angeles the main
location of the game will be centred around the fictional city of Los Santos,
first seen in Grand Theft Auto 4.

Los Santos will be situated
within San Andreas and if the trailer is anything to go by you’ll be able to
explore much of the surrounding countryside as well.

It’s believed that the game
will feature many of the same driveable vehicles as has been prominent in all
Grand Theft Auto games, again if the trailer is to be an indicator it would
appear as though aircraft will also be featuring.

Grand
Theft Auto 5 rumours

Probably the biggest GTA 5 rumour at the moment is that the
game’s lead character will be played by actor Ned Luke after the game appeared
on hisIMDB profile(it
has since been removed).

It’s believed that he will be
playing the lead character of the game whose name is rumoured to be Albert De
Silva.

There had been reports that the
character was Ray Liotta reprising his role as an older Tommy Vercetti, however
fansites such as gtav.net have agreed in their prediction of Luke as the actor
involved.

CVG believes that we’ll also
see the return of CJ, the main protagonist from GTA: San Andreas.

Of course while there is a
likeness between CJ and the character in the trailer it’s far from solid proof
so we’ll have to wait for E3 until we know for sure.

Grand
Theft Auto multiplayer

According to several fan sites
the game will come with a multiplayer mode, of course what that will be
specifically is unclear.

Some have suggested that the
game will take on board the lessons learned through Red Dead Redemption so will
include a number of mini-games and with the trailer showing jet ski's and
golfing you could find yourself racing around the bay in online races.

Grand
Theft Auto cheats

Of course it wouldn’t be a GTA
game if it didn’t have insane cheats and while it’s unlikely that they’ll ever
be able to top those that were available for Vice City we’ll certainly keep our
eyes peeled for the best to hit the web.

Grand
Theft Auto history

Coming in as the fifth
incarnation of the Grand Theft Auto franchise GTA V will potentially be set in
the modern day, making it the second game to focus perhaps on more realism.

In contrast Grand Theft Auto:
Vice City was set during the 80’s in a fictional recreation of Miami and
featured everything from assault helicopters to porn studios.